Agenda item

The Centre of Rail Excellence in Wales (Exempt Under Paragraph 14)

Minutes:

Decisions:

 

Having due regard to the Integrated Impact Screening Assessment:

 

1.   The work undertaken to date by Welsh Government, Powys County Council and Neath Port Talbot County Borough Council in the development of the Global Centre of Rail Excellence be noted;

 

2.   That the loan agreement between Welsh Government and Powys County Council to facilitate the development of the Global Centre of Rail Excellence be noted;

 

3.   That the Chief Executive and Director of Environment and Regeneration continue dialogue with Welsh Government and Powys County Council on a revised Joint Venture Agreement for Phase 2 of the project with a report being brought back to Members in due course for approval to proceed.

 

 

Reason for Decisions:

 

To seek approval from Members to continue dialogue with Welsh Government and Powys County Council for a revised joint venture agreement with a report being brought back to Members in 2021 for approval to proceed with such a joint venture.

 

Implementation of Decisions:

 

The decisions will be for immediate implementation.